HeaderIcon
  1. Agent Logo

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
HeaderIcon

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
leftArrowBack to Search
OverviewAmenities & PoliciesMarket ReportNeighborhood
Add to favoritesAdd to favorites (hover)
Save

  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments

Oak Terrace Apartments

15704 S Terrace Dr Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity
0 Units for Sale

Front view of a three-story brick apartment building with balconies.View Listing
MLS ID #06530320
Front view of a three-story brick apartment building with balconies.View ListingMLS ID #06530320
Placeholder
Placeholder
Placeholder
YearBuilt

Year Built

-

Stories

# Stories

-

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

950-1,050 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Oak Terrace Apartments

Oak Terrace Apartments is a well-appointed residential building located at 15704 S Terrace Dr, Oak Forest, IL, bearing the postal code 60452. While the specific number of stories is unspecified, the complex offers a diverse range of apartment layouts, catering to different lifestyle needs. The architecture of Oak Terrace Apartments is clean and practical, emphasizing functionality and comfort. Inside, residents will find a variety of desirable amenities such as a community fitness center for maintaining an active lifestyle and a shared laundry facility designed for convenience. Outdoor enthusiasts will appreciate the landscaped garden spaces, offering a tranquil escape for relaxation and social gatherings. Surrounding Oak Terrace Apartments, the area boasts a blend of natural and urban attractions. Despite not being on a waterfront, the community enjoys proximity to several local parks, providing opportunities for recreation and leisure. The neighborhood supports essential conveniences, including access to public transportation, shopping centers, and dining options, enhancing the overall living experience. Easily accessible from major roadways, Oak Terrace Apartments represents a harmonious blend of suburban tranquility and urban accessibility, ensuring residents enjoy a balanced lifestyle.

Front view of a three-story brick apartment building with balconies.View Listing
MLS ID #06530320
Front view of a three-story brick apartment building with balconies.View ListingMLS ID #06530320
Placeholder
Placeholder
Placeholder

Amenities

Imagine stepping out of your front door to find a shimmering swimming pool just a stone's throw away! The amenities at Oak Terrace are also a highlight, featuring a inviting party room for hosting gatherings or simply enjoying downtime with friends. These communal areas foster a sense of community while allowing you to balance relaxation and social living. Whether you’re taking a dip in the pool or celebrating milestones with neighbors, Oak Terrace provides the perfect backdrop.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

When it comes to policies at Oak Terrace, simplicity is key. There are no excessive restrictions, which means you have the freedom to create your space and enjoy the community without unnecessary limitations. It's this relaxed atmosphere that makes condo living here so attractive for first-time buyers.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

Oak Terrace Apartments Market Report (last 12 months)

Avg. List Price
$145,000 ($145/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings1
Avg. Days On Market
Calendar43
Avg. Sale Price
$140,000 ($140/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$5 /monthly

Oak Terrace Apartments Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit R03R03100021432025-01-31
MLS#: 12255718
Closed$140,000
Unit 22-11852007-08-22
MLS#: 06530320
Closed$100,000
Unit 3E3E-111202007-06-29
MLS#: 06425400
Closed$100,000
Unit 2
2

1 Beds

1 Baths

0 sqft

Days On Market85

DateStatusPrice
2007-08-22Closed$100,000
MLS#: 06530320
Unit 3E
3E

1 Beds

1 Baths

0 sqft

Days On Market120

DateStatusPrice
2007-06-29Closed$100,000
MLS#: 06425400
Unit R03
R03

2 Beds

1 Baths

1000 sqft

Days On Market43

DateStatusPrice
2025-01-31Closed$140,000
MLS#: 12255718
View Complete Unit Listing HistorySource By: MRED

The Neighborhood :

Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
Newsletter

Living in Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15704 S TERRACE DR DRIVE,OAK FOREST,IL:

If you’ve been dreaming of homeownership, Oak Terrace Apartments might just be your first step into that exciting world! Nestled in the heart of Oak Forest, this cozy condo complex offers a blend of comfort and convenience, perfect for first-time buyers looking for a welcoming atmosphere. With the allure of private living, you can finally settle into a space that feels like home without overwhelming responsibilities.

Building Features and Unit Availability:

At Oak Terrace, you'll find a total of seven units available, ranging in size from 950 to 1,050 square feet. While availability is currently low, that just means it’s a hot spot for those seeking their own cozy retreat! These units are designed to maximize space and comfort, making them suitable for individuals or small families. The market activity has shown a swift turnaround, with an average closing price of $140,000, providing a great entry point for new buyers who want to own their own place.

Life at Oak Terrace Apartments:

Living at Oak Terrace means immersing yourself in the vibrant community of Oak Forest. It's a friendly neighborhood with lots of young people and families, making it ideal for socializing and networking. The lively vibe encourages outdoor activities, making it easy to meet new friends and enjoy your new lifestyle. With various communal spaces and engaging neighbors, each day offers new opportunities for connection.

  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
Nearby Cities
Barrington
Bartlett
Carpentersville
Crest Hill
Gilberts
Hazel Crest
Hebron
Kenilworth
Lemont
Mooseheart
Morton Grove
Olympia Fields
Palos Heights
Palos Hills
Palos Park
Riverdale
Somonauk
Sugar Grove
Summit Argo
Woodstock
Buildings
12720 Carriage Ln
12721 Park Place
12721 S Park Place Ave
12750 Carriage Ln
12751 Park Pl
12751 Park Place
12801 Carriage Ln
12809 Carriage Ln
12817 S Carriage Ln
12825 S Carriage Ln
12850 Crestbrook
12900 Crestbrook Ct
13240 W Circle Drive Parkway
Carriage Hill
Carriage Lane
Crestbrook Court Condominiums
Park Place
Neighborhoods
Argonne National LaboratoryAshburnAuburn Gresham
Avalon ParkAvondaleBeverlyBlackberry CountrysideBlackhawkBrighton ParkBronzevilleBucktownBurnsideCarillonEast SideEmerald LawnsFar EastIrving ParkLakewood FallsLight of the CommunityLoop
ZIP Codes
600566007760108
6014460151601556016460190602046040460415604216044060443604556047860484605456061360642
Community
10400 Oakville Condominiums10739 South Pulaski Condominiums13330 - 13334 Moraine Drive Condominiums
15249 - 15255 Catalina Drive Condominiums15259-15263 Catalina Drive Condominiums4410 West 111th Street Condominiums7422 - 7428 West 153rd Street Condominiums7432-7438 West 153rd Street Condominiums7442-7448 West 153rd Street CondominiumsAcorn GlenAlpine HeightsAlsip Woods CondominiumsApple II CondominiumsApplegateArbor Glen of AlsipArbor Worth CondominiumsAshford Manor WestAustin View CondominiumsAvenel TownhomesAvondale Meadows
HelloCondo Logo
LocationIcon
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.

HelloCondo is a division of HelloCasa, LLC

facebook iconInstagramIconXIconRedditIcon
HelloCondo
Find A RealtorTerms of UsePrivacy PolicyCalifornia Privacy NoticeAccessibility PolicyCCPA Notice on CollectionDMCABrowseNYS Standard Operating ProcedureNYS Fair Housing Notice
Contact
LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
EmailIConhello@hellocondo.com
Contact Us
For Sale
Condos for saleTownhomes for sale
AgentIcon
LocationIcon

Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

PhoneICon
847-668-3774
EmailIConpaul@illinoispropertysearch.com

© HelloCondo 2025. All Rights Reserved.